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46 U.S.C. 60306: Vessels not engaged in tradeText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 46-SHIPPINGCHAPTER 603-TONNAGE TAXES AND LIGHT MONEY

§60306. Vessels not engaged in trade

A vessel is exempt from tonnage taxes and light money when not engaged in trade.

( Pub. L. 109–304, § 9(b) , Oct. 6, 2006 , 120 Stat. 1678 .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

60306

46 App.:121 (3d sentence related to trade).

Aug. 5, 1909, ch. 6, § 36 (2d sentence related to trade), 36 Stat. 111; Pub. L. 101–508, title X, § 10402(a), Nov. 5, 1990, 104 Stat. 1388–398; Pub. L. 103–66, title IX, § 9001(a)(3), (c)(1), Aug. 10, 1993, 107 Stat. 402.

The words “and light money” are added for clarity and consistency. See 19 C.F.R. § 4.21 (2003).